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Martin O'Malley, Governor
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Ch. 354
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 2007.
Approved by the Governor, May 8, 2007.
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CHAPTER 355
(Senate Bill 780)
AN ACT concerning
Postretirement Health Benefits Trust Fund - Clarification
FOR the purpose of specifying that certain funds shall be deposited into the
Postretirement Health Benefits Trust Fund; limiting the amount to be paid for
administrative expenses for operating the Postretirement Health Benefits Trust
Fund; altering the time period when payments may be made from the
Postretirement Health Benefits Trust Fund; altering the amount and the
manner in which certain payments may be made from the Postretirement
Health Benefits Trust Fund; repealing certain provisions that require assets of
the Postretirement Health Benefits Trust Fund to be transferred to the General
Fund under certain circumstances; authorizing the Board of Trustees of the
State Retirement and Pension System to adopt a trust document and regulations;
altering the membership of the Blue Ribbon Commission to Study Retiree
Health Care Funding Options; requiring the State Retirement Agency to
request certain documentation from the Internal Revenue Service; making this
Act subject to a certain contingency; and generally relating to the
Postretirement Health Benefits Trust Fund.
BY repealing and reenacting, with amendments,
Article — State Personnel and Pensions
Section 34-101 and 34-201
Annotated Code of Maryland
(2004 Replacement Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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Article - State Personnel and Pensions
34-101.
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- 2269 -
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